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We expect NQ to trend upwards with a 71.43% chance.

Based on the last 12 Housing Starts events in United States, we expect NQ to trend upwards. Based on these past events there is a 71.43% chance of this. We expect NQ to trend upwards for 48 hours because the released value is > 1.53M. A price movement of 30,987 pips is expected.

Historical events that allowed us to draw this conclusion

18 Nov 13:30
18 Aug 12:30
17 Jul 12:30
18 Mar 12:30
17 Jan 13:30
17 Dec 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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